Plan Snapshot
- Plan Sponsor: Remotely Piloted Solutions, LLC
- Sponsor EIN: 460716722
- Sponsor Address: PO BOX 694, ADDISON, TX, 750010694
- Plan Type: DC
- Total Participants: 39
- Total Assets: $17.9M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 39 | $17.9M | $220,609 | $496,402 |
| 2023 | 43 | $17.3M | $226,558 | $617,389 |
| 2022 | 65 | $18.1M | $458,832 | $957,924 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $57,851 | — | $57,851 |
| VISIONPOINT ADVISORY GROUP | INVESTMENT ADVISORY | — | $34,680 | $34,680 |
| CALVETTI-FERGUSON | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $92,531
- Estimated Expense Ratio: 0.518% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $57,852 | — | $57,852 | — | — |
| 2023 | $57,603 | — | $57,603 | — | — |
| 2022 | $68,550 | — | $68,550 | — | — |